Emera Inc
TSX:EMA

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Emera Inc
TSX:EMA
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Price: 65.96 CAD 1.12% Market Closed
Market Cap: 19.8B CAD

Relative Value

The Relative Value of one EMA stock under the Base Case scenario is 118.31 CAD. Compared to the current market price of 65.96 CAD, Emera Inc is Undervalued by 44%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

EMA Relative Value
Base Case
118.31 CAD
Undervaluation 44%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
44
vs Industry
34
Median 3Y
1.9
Median 5Y
2.2
Industry
1.7
Forward
2.2
vs History
63
vs Industry
10
Median 3Y
17.9
Median 5Y
19.4
Industry
15.1
Forward
18.2
vs History
55
vs Industry
44
Median 3Y
7.3
Median 5Y
8.6
Industry
7.4
vs History
33
vs Industry
3
Median 3Y
35.3
Median 5Y
-10.4
Industry
14.6
vs History
20
vs Industry
44
Median 3Y
1.2
Median 5Y
1.3
Industry
1.4
vs History
61
vs Industry
25
Median 3Y
4.5
Median 5Y
4.6
Industry
2.9
Forward
4.3
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
7.9
vs History
77
vs Industry
27
Median 3Y
12.1
Median 5Y
12.8
Industry
10.6
Forward
10.9
vs History
73
vs Industry
16
Median 3Y
19.5
Median 5Y
22.1
Industry
15.3
Forward
21.2
vs History
63
vs Industry
33
Median 3Y
16.9
Median 5Y
17.8
Industry
11.3
vs History
vs Industry
Median 3Y
-32.3
Median 5Y
-30.5
Industry
16.8
vs History
15
vs Industry
41
Median 3Y
0.9
Median 5Y
0.9
Industry
0.9

Multiples Across Competitors

EMA Competitors Multiples
Emera Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Emera Inc
TSX:EMA
19.5B CAD 2.3 17.7 11.9 19.3
US
Nextera Energy Inc
NYSE:NEE
170.1B USD 6.5 26.2 18.1 34.7
ES
Iberdrola SA
MAD:IBE
115B EUR 2.5 21.1 9.4 17.4
US
Constellation Energy Corp
NASDAQ:CEG
109.8B USD 4.4 40.1 23.6 33.2
IT
Enel SpA
MIL:ENEL
88.5B EUR 0.7 8.8 5.3 7.4
US
Southern Co
NYSE:SO
93B USD 3.2 20.9 11.7 20.8
US
Duke Energy Corp
NYSE:DUK
89.7B USD 2.8 18.2 10.7 19.9
US
American Electric Power Company Inc
NASDAQ:AEP
61.1B USD 2.9 16.7 12 19.8
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
US
Xcel Energy Inc
NASDAQ:XEL
44.4B USD 3.1 23.2 13.7 29.6
US
Exelon Corp
NASDAQ:EXC
44B USD 1.8 15.6 10.4 17.8
P/E Multiple
Earnings Growth PEG
CA
Emera Inc
TSX:EMA
Average P/E: 20.8
17.7
31%
0.6
US
Nextera Energy Inc
NYSE:NEE
26.2
9%
2.9
ES
Iberdrola SA
MAD:IBE
21.1
8%
2.6
US
Constellation Energy Corp
NASDAQ:CEG
40.1
1%
40.1
IT
Enel SpA
MIL:ENEL
8.8
3%
2.9
US
Southern Co
NYSE:SO
20.9
8%
2.6
US
Duke Energy Corp
NYSE:DUK
18.2
9%
2
US
American Electric Power Company Inc
NASDAQ:AEP
16.7
7%
2.4
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.5 N/A N/A
US
Xcel Energy Inc
NASDAQ:XEL
23.2
12%
1.9
US
Exelon Corp
NASDAQ:EXC
15.6
8%
1.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Emera Inc
TSX:EMA
Average EV/EBITDA: 12.7
11.9
16%
0.7
US
Nextera Energy Inc
NYSE:NEE
18.1
19%
1
ES
Iberdrola SA
MAD:IBE
9.4
-2%
N/A
US
Constellation Energy Corp
NASDAQ:CEG
23.6
5%
4.7
IT
Enel SpA
MIL:ENEL
5.3
7%
0.8
US
Southern Co
NYSE:SO
11.7
9%
1.3
US
Duke Energy Corp
NYSE:DUK
10.7
8%
1.3
US
American Electric Power Company Inc
NASDAQ:AEP
12
11%
1.1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Xcel Energy Inc
NASDAQ:XEL
13.7
15%
0.9
US
Exelon Corp
NASDAQ:EXC
10.4
9%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Emera Inc
TSX:EMA
Average EV/EBIT: 22
19.3
18%
1.1
US
Nextera Energy Inc
NYSE:NEE
34.7
23%
1.5
ES
Iberdrola SA
MAD:IBE
17.4
0%
N/A
US
Constellation Energy Corp
NASDAQ:CEG
33.2
10%
3.3
IT
Enel SpA
MIL:ENEL
7.4
7%
1.1
US
Southern Co
NYSE:SO
20.8
10%
2.1
US
Duke Energy Corp
NYSE:DUK
19.9
9%
2.2
US
American Electric Power Company Inc
NASDAQ:AEP
19.8
14%
1.4
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
US
Xcel Energy Inc
NASDAQ:XEL
29.6
23%
1.3
US
Exelon Corp
NASDAQ:EXC
17.8
9%
2